MEMBER NEWS: Xodus and Daymark sign North America offshore wind MOU

March 23, 2023
MEMBER NEWS: Xodus and Daymark sign North America offshore wind MOU

Global energy consultancy Xodus has signed a Memorandum of Understanding with Daymark Energy Advisors to collaborate on advancing the development and deployment of projects in the rapidly growing North American offshore wind industry.

The partnership is the first of its kind for the offshore wind consultancy market in North America. Daymark brings deep knowledge and an integrated view of onshore energy infrastructure, regulation, and markets while Xodus is a global leader in techno-commercial offshore wind development.

Under the terms of the agreement, Xodus and Daymark will leverage expertise to drive innovation and accelerate the transition to a more sustainable energy future. The companies will also collaborate to efficiently answer key questions from developers and state agencies as activity ramps up.

In combining strengths and expertise, the ‘surf-and-turf’ offering will carve out a leadership presence in the offshore wind consulting market by providing an end-to-end understanding of the delivery of electricity from an offshore wind turbine through to the ratepayer.

Stephen Swindell, Managing Director at Xodus said: “Having gained a strong reputation for our work in architecting, developing and supporting offshore renewables and energy transition projects around the world, we have now firmly established ourselves in the North American market.

“We have a long track record of activities in the global offshore wind, oil and gas, cables, and interconnectors sectors. Both parties bring different – but complementary – knowledge and skillsets to the energy market and infrastructure project consultancy. We look forward to working with the Daymark team to bring additional and combined expertise to the market.”

Marc D. Montalvo, President & CEO of Daymark added: “We have a 43-year track record in providing strategic advice and expert opinion to industry executives and boards in North America.

“We look forward to further extending our working relationship with the Xodus team. This is an exciting opportunity to combine our expertise – on land and at sea – to offer clients more complete solutions to the challenges they face and the questions they have about this growing industry.”

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AREG has played an important role in the growth of Scotland’s renewable energy sector, engaging the supply chain and developing the European Offshore Wind Deployment Centre. However, we are only at the very beginning of the transition that AREG was established to both lead and support so there are still opportunities for companies to get into the constantly evolving renewables supply chain. We look forward to continuing our work together as renewables builds on its place as Scotland’s main source of power, and as we seek to deliver real change in the crucial areas of heat and transport.

Scottish Renewables
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Aberdeen & Grampian Chamber of Commerce has worked closely with AREG since its formation. The recent progress in the developments of offshore wind projects by Equinor and Vattenfall are as a result of the work of the group over many years. The north-east is known as the oil and gas capital of Europe. At the Chamber, we believe the region must evolve its position to being recognised as the energy capital. Whilst hydrocarbons will continue to be essential in driving our economy for years to come, the generation of renewable resources will play an increasingly important role in providing cost-effective power, innovative development and economic growth.

Aberdeen & Grampian Chamber of Commerce
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The enthusiasm and dedication of the early group that would become AREG was fundamental in us choosing to launch All-Energy in Aberdeen. The first tiny show was held in 2001, and AREG’s Chairman at the time, Jeremy Cresswell, played such an active role that I often describe him in terms such as All-Energy’s ‘midwife’. All-Energy is now the UK’s largest renewable and low carbon energy exhibition and conference in terms of number of attendees, space booked, and number of exhibiting companies. As AREG became firmly established, their presence and support for the event grew spectacularly over the years. We thank them most sincerely for their invaluable input.

All-Energy
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Vattenfall has forged a strong working relationship with AREG through the development of the European Offshore Wind Deployment Centre. AREG has worked tirelessly on behalf of the North East and it can take enormous credit for the growth of sustainable energy in the region and the path it has cleared for the region to capture further investment.

Vattenfall
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Aberdeen City and Shire is emerging as a key location for renewables by successfully transferring its world-class oil and gas expertise into the sector and AREG has done much to advance this through a broad range of initiatives. It has acted as a catalyst in driving further investment in the local economy by engaging with companies, Government, public bodies and existing projects and we have been pleased to support their efforts. Scottish Enterprise will continue to engage with AREG as we increase Scotland’s use of renewable energy.

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